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Using the Aggregated Portfolio to Find the Top Guru-Held Global Banks of Q2

September 12, 2013 | About:
Monica Wolfe

Monica Wolfe

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Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see financial industry and the global banks which are held by the most gurus. The following five global banking companies are held by the largest number of gurus.

Citigroup (C)

As of the second quarter, there were more gurus with a position in Citigroup than in any other global banking company. At the close of the second quarter there were 47 gurus with ownership in Citigroup, these gurus held a combined weighting of 108.44%.

During the second quarter there were 18 gurus adding or buying into their position in the company and there were 22 reducing their holdings in Citigroup.

Top three guru shareholders of Citigroup:

1. James Barrow: 21,674,442 shares, representing 0.71% of the company’s shares outstanding and 1.7% of his total assets managed.

2. HOTCHKIS & WILEY: 11,437,103 shares, representing 0.38% of the company’s shares outstanding and 2.7% of the fund’s total portfolio.

3. David Tepper: 9,601,639 shares, representing 0.32% of Citigroup’s shares outstanding and 6.7% of Tepper’s total portfolio.

Citigroup is a global financial services holding company, whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.

Citigroup’s historical revenue and net income:



According to the analysis on Citigroup, the company’s dividend yield is nearing a one-year low, the revenue has been in decline over the past five years and the P/S ratio is nearing a five-year high.

The Peter Lynch Chart suggests that the company is currently overvalued:



Citigroup has a market cap of $154.27 billion. Its shares are currently trading at around $50.73 with a P/E ratio of 15.50, a P/S ratio of 2.10 and a P/B ratio of 0.80.

JPMorgan Chase & Co. (JPM)

As of the second quarter there were 35 gurus holding a position in JPMorgan Chase. These gurus hold a combined weighting of 44.92%.

During the second quarter there were 15 gurus buying into JPMorgan Chase and there were 24 gurus selling shares of the company.

Top three guru shareholders of JPMorgan Chase:

1. James Barrow: 32,190,193 shares, representing 0.86% of the company’s shares outstanding and 2.9% of the guru’s total portfolio.

2. Brian Rogers: 14,281,200 shares, representing 0.38% of the company’s shares outstanding and 3% of his total portfolio.

3. Ken Fisher: 13,089,070 shares, representing 0.35% of the company’s shares outstanding and 1.8% of Fisher’s total portfolio.

JPMorgan Chase is a financial services firm and banking institutions in the United States of America with operations worldwide.

JPMorgan Chase’s historical revenue and net income:



The analysis on the company reports that JPMorgan Chase’s dividend yield is close to a one-year low, their operating margin is expanding, the company has shown predictable revenue and earnings growth and the price is nearing a 10-year high.

The Peter Lynch Chart suggests that JPMorgan is currently undervalued:



JPMorgan Chase has a market cap of $200.48 billion. Its shares are currently trading at around $53.26 with a P/E ratio of 8.90, a P/S ratio of 2.10 and a P/B ratio of 1.00. The company had an annual average earnings growth of 5.7% over the past 10 years.

GuruFocus rated JPMorgan the business predictability rank of 3.5-star.

HSBC Holdings PLC (HBC)

As of the second quarter there were ten gurus that held a position in HSBC Holdings. The gurus held a combined weighting of 3.66%.

During the second quarter there were six gurus making buys and there were five gurus selling shares of HSBC Holdings.

Top three guru shareholders:

1. Ken Fisher: 12,373,147 shares, representing 0.33% of the company’s shares outstanding and 1.7% of his total portfolio.

2. Dodge & Cox: 9,559,431 shares, representing 0.26% of the company’s shares outstanding and 0.59% of their total portfolio.

3. Jim Simons: 1,006,374 shares, representing 0.03% of HSBC Holdings’ shares outstanding and 0.14% of his total portfolio.

HSBC Holdings PLC is a global banking and financial services organization. Its products and services are delivered to its clients through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking.

HSBC Holdings’ historical revenue and net income:



The analysis on HSBC Holdings reports that their revenue has been in decline over the past five years, they have no debt and that their operating margin is expanding.

The Peter Lynch Chart suggests that the company is currently undervalued:



HSBC Holdings has a market cap of $205.77 billion. Its shares are currently trading at around $55.49 with a P/E ratio of 12.90 and a P/S ratio of 2.50. The dividend yield of HSBC Holding is 4.30%.

UBS AG (UBS)

As of the second quarter, UBS AG was maintained by seven gurus. These gurus held on to a combined weighting of 2.63%.

During the second quarter there were five gurus making buys into UBS and there were three making sells of their position in the company.

Top three guru shareholders of UBS:

1. Richard Pzena: 14,917,171 shares, representing 0.39% of the company’s shares outstanding and 1.7% of Pzena’s total assets managed.

2. Charles Brandes: 2,298,899 shares, representing 0.06% of the company’s shares outstanding and 0.49% of Brandes’ total portfolio.

3. Jim Simons: 420,400 shares, representing 0.01% of the company’s shares outstanding and 0.02% of Simons’ total portfolio.

It is a financial services provider and a major bank in Switzerland. The company's wealth management business caters to high net worth and affluent individuals around the world (except those served by Wealth Management Americas) whether they are investing internationally or in their home country.

UBS’s historical revenue and net income:



The analysis on UBS reports that the company’s price is nearing a three-year high, the revenue has been declining in the past five years and the P/S ratio is nearing a two-year high.

UBS AG has a market cap of $79.89 billion. Its shares are currently trading at around $20.80 with a P/S ratio of 2.60 and a P/B ratio of 1.50.

Mitsubishi UFJ Financial Group (MTU)

As of the second quarter Mitsubishi Financial Group was owned by six gurus. These gurus hold a combined weighting of 1.30%.

Over the past quarter three of these gurus were making buys and the other three were selling shares of their stake.

The top three guru shareholders of MTU:

1. Charles Brandes: 11,817,852 shares, representing 0.08% of the company’s shares outstanding and 0.92% of Brandes’ total portfolio.

2. Ken Fisher: 8,659,392 shares, representing 0.06% of the company’s shares outstanding and 0.14% of the company’s shares outstanding.

3. Louis Moore Bacon: 1,485,772 shares, representing 0.01% of the company’s shares outstanding and 0.22% of Bacon’s total portfolio.

Mitsubishi UFJ Financial Group, Inc. is a bank holding company incorporated as a joint stock company (kabushiki kaisha) under the Company Law of Japan. Mistusbishi UFJ Financial Group is a holding company for six different banks in Asia, the U.S and Europe.

Mitsubishi UFJ’s historical revenue and net income:



The analysis on the company reports that the revenue has been in decline for the past three years and that the cash flow from operations has a severe divergence from the reported net income.

The Peter Lynch Chart suggests that the company is currently undervalued:



Mitsubishi UFJ Financial Group has a market cap of $89.9 billion. Its shares are currently trading at around $6.35 with a P/E ratio of 8.00 and a P/S ratio of 2.30.

You can check out other top held sectors of the market by using the Aggregated Screener here.

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